CCLA Investment Management raised its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,696 shares of the software maker’s stock after acquiring an additional 18,138 shares during the quarter. Intuit makes up about 2.4% of CCLA Investment Management’s holdings, making the stock its 11th largest holding. CCLA Investment Management owned 0.08% of Intuit worth $147,511,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in INTU. MTM Investment Management LLC increased its holdings in shares of Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. Total Investment Management Inc. acquired a new stake in shares of Intuit in the second quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Intuit in the third quarter valued at approximately $33,000. Richardson Financial Services Inc. increased its holdings in shares of Intuit by 70.0% in the third quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock valued at $35,000 after purchasing an additional 21 shares during the last quarter. Finally, TruNorth Capital Management LLC acquired a new stake in shares of Intuit in the third quarter valued at approximately $36,000. Institutional investors and hedge funds own 83.66% of the company’s stock.
Wall Street Analyst Weigh In
INTU has been the subject of several recent research reports. BNP Paribas Exane raised Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price target for the company in a report on Monday, March 16th. Rothschild & Co Redburn raised Intuit from a “neutral” rating to a “buy” rating and raised their target price for the stock from $670.00 to $700.00 in a research note on Tuesday, March 10th. BMO Capital Markets cut their target price on Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. JPMorgan Chase & Co. cut their target price on Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Finally, Mizuho cut their target price on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and a consensus price target of $638.06.
Insider Activity at Intuit
In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the sale, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.49% of the company’s stock.
Key Headlines Impacting Intuit
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Analyst/stock-screen bullishness: INTU was named among “3 Best Earnings Acceleration Stocks” for April, highlighting accelerating EPS growth that could support further upside if Intuit continues to convert revenue into expanding profits. 3 Best Earnings Acceleration Stocks to Buy Now for April 2026
- Positive Sentiment: Macro tailwind: A geopolitical ceasefire drove a big intraday market rally across major indexes, which can lift sentiment for software and subscription-based names like Intuit if risk appetite persists. Dow spikes by over 1,300, oil prices retreat in ceasefire rally
- Positive Sentiment: Strong fundamentals: Intuit recently reported a solid earnings beat and gave FY/Q3 guidance that implies continued EPS growth and subscription monetization — a key reason many investors remain constructive on INTU in the medium term.
- Neutral Sentiment: Long-run demand signal: Coverage around financial literacy (parents wanting kids to understand money, Financial Literacy Month content) underscores secular demand for personal finance tools and tax-prep/education — a gradual tailwind for Intuit’s consumer products but not an immediate catalyst. 64% of parents say money is tight. They want their kids to understand why
- Neutral Sentiment: Industry personnel moves: advisor/wealth-management hires and other people-move pieces signal ongoing activity in the financial services ecosystem but have limited direct near-term impact on Intuit. People Moves: Compound Hires Wealth Head from Focus; Perigon Names HR Chief
- Negative Sentiment: Near-term weakness / profit-taking: Coverage noted INTU underperformed in the recent session as the market rose, reflecting selling pressure and short-term rotation away from some large-cap software names; technicals (price below recent moving averages) add to downside risk until buyers reappear. Intuit (INTU) Stock Slides as Market Rises: Facts to Know Before You Trade
Intuit Trading Down 5.1%
INTU opened at $389.51 on Thursday. The firm has a market cap of $107.72 billion, a P/E ratio of 25.23, a P/E/G ratio of 1.70 and a beta of 1.21. The business has a fifty day simple moving average of $428.09 and a 200-day simple moving average of $570.99. Intuit Inc. has a 52 week low of $349.00 and a 52 week high of $813.70. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.
Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. The firm had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.Intuit’s revenue was up 17.4% compared to the same quarter last year. During the same period last year, the business posted $3.32 earnings per share. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.
Intuit Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. Intuit’s payout ratio is 31.09%.
Intuit Company Profile
Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.
Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.
See Also
Receive News & Ratings for Intuit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuit and related companies with MarketBeat.com's FREE daily email newsletter.
